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CITIC Capital closes 2nd buyout fund at $925m

2010-02-08 14:34:50

CITIC Capital Partners, the private equity arm of CITIC Capital Holdings (CITIC Capital), today announced the final closure of its second China buyout fund, CITIC Capital China Partners II, (CCCP II).

China to set coal industry access system

2010-02-08 14:25:28

Revised Coal Laws will for the first time set the industry access system for the sector, the China Securities Journal reported Monday, citing sources with the China National Coal Association.

Boundary monuments built on East China Sea

2010-02-08 11:57:05

Twelve permanent monuments marking China's maritime boundary have been built in the East China Sea, according to a national broadcaster, the China News Agency reported Monday.

Steel industry to continue restructuring

2010-02-08 11:50:44

China is to speed up restructuring in the steel sector, supporting the development of three to five major steel enterprises in an effort to address the long-standing problems of overcapacity and low industry concentration.

China approves Gansu coal mining plan

2010-02-08 10:58:32

China's top economic planner, the National Development and Reform Commission, has approved the plan to build a 7.1-billion-ton coal mining region in Northwest China's Gansu province, People's Daily reported Monday.

Musician helps actress-wife's childbirth

2010-02-07 19:39:34

At sunrise Saturday morning, with his actress wife Christy Chung鐘麗提ready to give birth in Beijing’s United Family Hospital, musician Jon Yen (嚴錚), assisted in the delivery of his third daughter, Cayla Janie Yen with only a midwife and a nurse present.

Three Zhengzhou-Xi'an bullet trains cancelled

2010-02-07 17:34:14

Three high-speed trains between Zhengzhou and Xi’an were delayed today due to bad weather, xinhuanet.com reported.

Glitch delays high-speed train

2010-02-07 09:05:59

An equipment error brought the high speed rail service from Wuhan to Guangzhou to a standstill yesterday afternoon, said the Guangzhou Daily.

First Changchun-Taipei direct flight takes off

2010-02-06 17:52:55

Direct Spring Festival charter flight service between northeast China's Jilin province and Taiwan has begun Saturday, Xinhua News Agency reported.

Chinese send 2.1b short messages per day

2010-02-06 15:27:03

Short messages sent by Chinese people in 2009 rose 8.4 percent year-on-year to 784.04 billion, or 2.1 billion per day on average, the Beijing Times reported Saturday citing a source with the Ministry of Industry and Information Technology.

First W.China high speed passenger starts

2010-02-06 15:02:19

The high-speed railway linking Zhengzhou and Xi’an starts it operation today, with its first train left from Zhengzhou at 11:25am, Zhengzhou Evening News reported.

'Sexting' among acquaintances not targeted

2010-02-06 14:56:07

An official from the Supreme People's Court clarified Friday that the crackdown on pornography on mobile phones targets those who "sext" to the public, not to each other.